Clashes erupt near oil region along Uganda-Kenya border

Clashes between rival tribes along Uganda's northeastern border with Kenya have killed at least 12 people, as hostilities escalate near Kenya's oil-rich Turkan Rift Basin.

The increased tensions is a concern for oil companies as they start exploiting the region's crude reserves; France's Total (TOT), China's Cnooc (CEO) and the U.K.'s Tullow Oil (TUWLF.PK, TUWOY.PK) are among companies invested in the region.

Analysts say insecurity along a proposed pipeline route linking oil fields in landlocked Uganda and South Sudan to Kenya's port of Lamu on the Indian Ocean is a major threat to the development of the region's oil industry.

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